PPG Industries, Inc. (NYSE:PPG) Receives Consensus Rating of "Hold" from Analysts

Key Points

• Analysts rate PPG a "Hold" — 17 analysts cover the stock (11 hold, 6 buy) with an average 12‑month price target of about $121.79.
• Q1 beat and firm guidance: PPG reported EPS of $1.83 vs. $1.78 expected and revenue of $3.93B vs. $3.85B, and set FY2026 guidance at 7.700–8.100 EPS (consensus ~7.9).
• Income and insider activity: PPG declared a $0.71 quarterly dividend (annualized $2.84, ~2.7% yield; ex‑dividend May 11), while insiders sold about 111,361 shares (~$14.4M) over the past three months.

PPG Industries, Inc. (NYSE:PPG - Get Free Report) has earned an average recommendation of "Hold" from the seventeen analysts that are presently covering the stock, Marketbeat.com reports. Eleven equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $121.7857.

PPG has been the subject of several analyst reports. Zacks Research upgraded PPG Industries from a "strong sell" rating to a "hold" rating in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft raised their target price on shares of PPG Industries from $120.00 to $130.00 in a research note on Friday, March 27th. Wells Fargo & Company lowered their price objective on shares of PPG Industries from $135.00 to $130.00 and set an "overweight" rating on the stock in a research note on Friday, April 10th. Jefferies Financial Group dropped their price target on PPG Industries from $125.00 to $116.00 and set a "hold" rating on the stock in a research note on Thursday, March 26th. Finally, BNP Paribas Exane raised their target price on shares of PPG Industries from $115.00 to $116.00 in a research note on Thursday, April 30th.

PPG Industries Stock Performance

Shares of PPG Industries stock opened at $104.23 on Tuesday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.61 and a quick ratio of 1.17. The firm has a market cap of $23.23 billion, a price-to-earnings ratio of 14.87, a price-to-earnings-growth ratio of 1.60 and a beta of 1.06. The stock's 50-day moving average is $109.44 and its 200-day moving average is $107.52. PPG Industries has a one year low of $93.39 and a one year high of $133.43.

PPG Industries (NYSE:PPG - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The specialty chemicals company reported $1.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.05. The business had revenue of $3.93 billion during the quarter, compared to the consensus estimate of $3.85 billion. PPG Industries had a return on equity of 21.68% and a net margin of 9.83%.PPG Industries's quarterly revenue was up 6.7% on a year-over-year basis. During the same period last year, the company earned $1.72 earnings per share. PPG Industries has set its FY 2026 guidance at 7.700-8.100 EPS. Equities analysts predict that PPG Industries will post 7.9 earnings per share for the current fiscal year.

PPG Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Monday, May 11th will be paid a dividend of $0.71 per share. The ex-dividend date is Monday, May 11th. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.7%. PPG Industries's dividend payout ratio (DPR) is 40.51%.

Insiders Place Their Bets

In other news, VP Anne M. Foulkes sold 3,594 shares of PPG Industries stock in a transaction on Friday, February 20th. The stock was sold at an average price of $124.61, for a total transaction of $447,848.34. Following the completion of the sale, the vice president owned 15,641 shares of the company's stock, valued at approximately $1,949,025.01. This trade represents a 18.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Vincent J. Morales sold 78,095 shares of the business's stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $131.00, for a total transaction of $10,230,445.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 111,361 shares of company stock valued at $14,387,293 in the last three months. Insiders own 0.33% of the company's stock.

Institutional Investors Weigh In On PPG Industries

A number of large investors have recently bought and sold shares of the company. Wellington Management Group LLP boosted its position in shares of PPG Industries by 19.9% during the 3rd quarter. Wellington Management Group LLP now owns 15,159,770 shares of the specialty chemicals company's stock worth $1,593,443,000 after acquiring an additional 2,521,004 shares in the last quarter. State Street Corp lifted its stake in PPG Industries by 4.6% during the fourth quarter. State Street Corp now owns 12,829,677 shares of the specialty chemicals company's stock worth $1,314,529,000 after purchasing an additional 565,523 shares during the last quarter. Pzena Investment Management LLC increased its stake in shares of PPG Industries by 5.4% in the 1st quarter. Pzena Investment Management LLC now owns 7,478,646 shares of the specialty chemicals company's stock valued at $799,318,000 after purchasing an additional 379,879 shares during the last quarter. Franklin Resources Inc. raised its holdings in shares of PPG Industries by 48.9% during the 4th quarter. Franklin Resources Inc. now owns 6,990,595 shares of the specialty chemicals company's stock worth $716,256,000 after buying an additional 2,295,118 shares in the last quarter. Finally, First Eagle Investment Management LLC raised its stake in PPG Industries by 0.4% during the fourth quarter. First Eagle Investment Management LLC now owns 6,290,622 shares of the specialty chemicals company's stock worth $644,537,000 after acquiring an additional 26,793 shares in the last quarter. 81.86% of the stock is currently owned by institutional investors and hedge funds.

PPG Industries Company Profile

PPG Industries is a global supplier of paints, coatings and specialty materials that serves industrial, transportation, consumer and construction markets. Founded in 1883 as the Pittsburgh Plate Glass Company, PPG has evolved from its origins in glass manufacturing into a diversified coatings and materials company headquartered in Pittsburgh, Pennsylvania. The company develops and manufactures a broad array of products used to protect and enhance surfaces, from consumer paints to highly engineered coatings for demanding industrial applications.

PPG's product portfolio includes architectural and decorative paints, automotive original equipment and refinish coatings, industrial coatings for machinery and equipment, protective and marine coatings, aerospace and defense coatings, and packaging coatings and materials.

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